Features

How can we actively better our business lives?

Better our appraisal business

On March 19th, Josh Walitt will join other appraisal industry stakeholders in kicking off Valuation Expo in Orlando, Florida. Josh, a residential certified appraiser, will address appraiser best practices, professionalism, and communicating with clients. The Buzz staff asked Josh a few questions about his take on the future of the industry and what he plans to address at Valuation Expo. …

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AMCs required to pay C&R fees to appraisers in NC

NC Appraisal Board - AMC C&R Fees

New legislature has passed in North Carolina which requires appraisal management companies to pay customary and reasonable fees to appraisers for certain assignments. Rulemaking regarding the enforcement of this law will begin in February 2017 and will allow for input into the proposed rules.  Below is the email and guidance document issued from the North Carolina Appraisal Board. If anyone …

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Mobile Appraising and Workfiles

Mobile Appraising

(Editor’s Note: This article originally appeared on The Appraiser Coach’s Blog. For additional articles by Dustin Harris, visit his website.) When it comes to the use of technology in real estate appraisal, we’re at a kind of crossroads. On the one hand, you have the advocates who like to try out all the latest and greatest apps and gadgets. Those of you …

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Trump Administration’s Indefinite Suspension of FHA’s Pending Premium Cut is Good News

Trump Administration’s Indefinite Suspension of FHA’s Pending Premium Cut is Good News

Trump Administration’s Indefinite Suspension of FHA’s Pending Premium Cut is Good News for Both First Time Homebuyers and Taxpayers On January 20, 2017 HUD issued Mortgagee Letter 2017-07 which suspends Mortgagee Letter 2017-01 dated January 9, 2017. Mortgagee Letter 2017-01 would have reduced annual mortgage insurance premiums on home purchase loan by 25bp, with a larger premium reduction for loans …

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The Appraisal Standards Board 2018-2019 Proposed Changes

USPAP 2018-2019

Observations & Summary Comments Changes to the 2018-2019 edition of the Uniform Standards of Professional Practice (USPAP) began  with the Appraisal Standards Board (ASB) issuance of the Discussion Draft in January 2016. The twelve-page document was exploratory in nature, intended to encourage feedback from all stakeholders to facilitate identification and or clarification of potential areas of improvement within the various …

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New 2017 President of the Appraisal Institute

Appraisal Institute New President 2017

The Appraisal Institute is the nation’s largest professional association of real estate appraisers with nearly 20,000 professionals in almost 60 countries. Beginning on January 1st, 2017, Jim Amorin, MAI, SRA, AI-GRS of Austin, Texas was elected for a one-year term as president of the Appraisal Institute. In 2015, Jim was elected vice president of the Appraisal Institute and ascended to …

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Appraisal Office Communication

Appraisal Office Communication

(Editor’s Note: This article originally appeared on The Appraiser Coach’s Blog. For additional articles by Dustin Harris, visit his website.) I don’t spend a lot of time in the office. In fact, I’m usually just in on Mondays. Most of my week is spent out and about on appraisal inspections. On the rare occasion, when I do have a few …

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Valuation Visionary 2017 Award Winner

We are pleased to announce the Valuation Visionary award winner for 2017 is Alan Hummel of Forsythe Appraisals, a First American Company. Every year the Collateral Risk Network (a nationwide consortium of individuals representing all aspects of collateral valuation, including appraisers, lenders, regulators and vendors) joins together to nominate and vote on the most influential mind in the appraisal industry …

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